Net Lease

While early rent relief requests have come from restaurants, it is likely most retailers forced to closed will eventually submit requests.

Currently, there is a brief pause in site acquisitions, but the trend for more medical tenants looking for opportunities to re-position previous outparcel locations should continue.

While a rumored extension seems likely, investors should take a conservative approach and proceed as if no extension will be granted, with the understanding that they may get lucky.

The property at 747 Mill Park Drive is net-leased for 10 years to Magna Seating of America, Inc., a division of Magna International.

"It will take several years for vacancy rates to fall back to their pre-crisis levels."

First question: Will you have a viable business in the future? It is the starting point in developing a game plan.

Owners planning to sell assets this year have pushed plans back as part of a strategic shift to respond the pandemic.

Yes, tenants are still obligated to make rent payments and landlords are able to recover rent following the crisis.